BNB/USDT at 144 (current ATH), even more crazy! — @Whitershade on read.cash

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@Whitershade 10 February 2021 more from that month

BNB/USDT at 144 (current ATH), even more crazy! Where will it go? #CryptoPrezzo

+KT
+BCH

3 comments

m@mainnetpat 10 February 2021

BNB side chain enjoys a lot of activity and attention lately. It is used as workaround for high Ethereum price. You simply bridge your Eth assets to BSC. It will rise until the expenses of swapping assets around will not reach the Eth level.
- @Whitershade 10 February 2021
  
  Good analysis, its price has to go really high to reach ETH fees I think.
  - m@mainnetpat 10 February 2021
    
    Yes. Furthermore, I do not think BSC is a real competitor to the Eth.

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